COMMERZBANK AG: Pre Stabilisation - Terra Boligkreditt €1bn 10yr Covered
Pre-Stabilisation notice
23rd January, 2013
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
Terra Boligkreditt A.S.
€1,000,000,000
tba%. Fixed Rate Norwegian Covered Bonds due [30] January 2023
Launched off the issuer's EMTN Programme
Stabilisation Notice
Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby
announces that the Stabilising Manager(s) named below may stabilise the offer
of the following securities in accordance with Commission Regulation (EC) No.
2273/2003 implementing the Market Abuse Directive (2003/6/EC).
The security to be stabilised:
Issuer: Terra Boligkreditt A.S.
Guarantor (if any): n/a
ISIN XS0881369770
Aggregate nominal amount: € 1,000,000,000
Description: € Fixed Rate Covered Bonds due [30]
January
2023, payment date [30] January 2013
Offer price: n/a
Other offer terms: Payment [30]-Jan, Listing London. Denoms:
100k+1k. Expected Rating: Aa2 Moody's
Stabilisation:
Stabilising Manager(s): Coordinating Stabilsation Manager:
Commerzbank Aktiengesellschaft
Stabilisation Managers
BNP Paribas
Natixis
UniCredit
Stabilisation period commences 23rd January, 2013
Stabilisation period expected to No later than 30 days
end on:
Existence, maximum size and The Stabilising Manager(s) may over-allot
conditions of use of over-allotment the securities to the extent permitted in
facility. accordance with applicable law.
In connection with the offer of the above securities, the Stabilising Manager
(s) may over-allot the securities or effect transactions with a view to
supporting the market price of the securities at a level higher than that which
might otherwise prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation action, if
begun, may be ended at any time Any stabilisation action or over-allotment
shall be conducted in accordance with all
applicable laws and rules.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.
This announcement is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would be
unlawful.
END
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-0- Jan/23/2013 13:22 GMT